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The price of Tempus AI Inc (NASDAQ: TEM) closed at $58.87 in the last session, down -7.87% from day before closing price of $63.89. In other words, the price has decreased by -$7.87 from its previous closing price. On the day, 0.89 million shares were traded. TEM stock price reached its highest trading level at $64.96 during the session, while it also had its lowest trading level at $58.4231.
Ratios:
We take a closer look at TEM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.55 and its Current Ratio is at 2.69. In the meantime, Its Debt-to-Equity ratio is 8.78 whereas as Long-Term Debt/Eq ratio is at 8.67.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Stifel on November 11, 2024, Downgraded its rating to Hold and sets its target price to $65 from $45 previously.
On October 02, 2024, BofA Securities Downgraded its rating to Neutral which previously was Buy and also upped its target price recommendation from $45 to $60.
On August 12, 2024, Piper Sandler started tracking the stock assigning a Neutral rating and target price of $40.Piper Sandler initiated its Neutral rating on August 12, 2024, with a $40 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 16 ’24 when Tempus AI, Inc. bought 3,500,000 shares for $5.07 per share. The transaction valued at 17,745,000 led to the insider holds 12,718,800 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TEM now has a Market Capitalization of 9268059136 and an Enterprise Value of 9273262080. Its current Enterprise Value per Revenue stands at 14.479 whereas that against EBITDA is -14.133.
Stock Price History:
Over the past 52 weeks, TEM has reached a high of $79.49, while it has fallen to a 52-week low of $22.89. The 50-Day Moving Average of the stock is 12.12%, while the 200-Day Moving Average is calculated to be 24.22%.
Shares Statistics:
According to the various share statistics, TEM traded on average about 1.18M shares per day over the past 3-months and 1496100 shares per day over the past 10 days. A total of 157.45M shares are outstanding, with a floating share count of 49.67M. Insiders hold about 68.46% of the company’s shares, while institutions hold 19.74% stake in the company. Shares short for TEM as of 1731628800 were 4180503 with a Short Ratio of 2.95, compared to 1728950400 on 2905159. Therefore, it implies a Short% of Shares Outstanding of 4180503 and a Short% of Float of 4.84.
